Bursa Surges 1.1%, Almost All Sectors Show Gains

Bursa Malaysia surged 1.1% on Tuesday as the market rally gathered steam with almost all sectors led by the energy counters recording gains.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) garnered 16.98 points to 1,555.59 to end at its intraday high, compared with Monday’s close of 1,538.61.

The benchmark index opened 0.11 of-a-point higher at 1,538.72 and subsequently hit an intraday low of 1,537.94.

The market breadth also exhibited continued improvement with gainers edging losers 594 to 419, while 460 counters were unchanged, 825 untraded and nine others suspended, Bernama reported.

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